DSH 0.00% 35.5¢ dshe holdings limited

Dick Smith receivers plan to interrogate key players

  1. 49 Posts.
    Just weeks out from the much-anticipated release of the administrators' report, Dick Smith receiver Ferrier Hodgson is believed to have obtained examination orders from the Australian Securities and Investments Commission , that will shine a light on the operation's final days.
    The receiver would not comment on the orders, however, Ferrier Hodgson had referred a number of issues arising from its investigation into Dick Smith to the corporate watchdog by April and it's expected to publicly reveal the names on its examination hit-list by early July.
    Requests for examination orders are not made public by ASIC but Ferrier Hodgson will report back any findings to the corporate watchdog.

    "There was clearly enough there for [Ferrier Hodgson] to feel justified to apply to ASIC and there was enough there for ASIC to approve it within a matter of days," one source said.
 
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